The group's representative, Mayé, is a 46-year-old married woman and the mother of six children (four boys and two girls). She is standing at the far right in the photo, raising her hand. She has been fattening livestock for almost five years and has a good experience in this field.
She will use her new loan of 50,000 CFA francs to buy two sheep to fatten and resell.
With the profits from her business, she will be able to take care of her children's nutritional, educational and health needs. Her profits will also allow her to strengthen her savings with the Banc Villageois.
Le responsable madame Mayé est une femme mariée âgée de 46 ans et mère de 6 enfants dont 4 garçons et 2 filles .
Elle est debout à l’extrême droite de la photo la main levée. Mayé s'active dans l'embauche depuis bientôt cinq ans elle dispose d'une bonne expérience dans ce domaine.
Son nouveau crédit de 50000 francs cfa lui permettra de se payer deux moutons pour faire de l'embauche et de pouvoir les revendre.
Les bénéfices réalisés par son activité lui permettent de prendre en charge les besoins alimentaires scolaires et sanitaires de ses enfants. Mais ses bénéfices lui permettent de renforcer ses épargnes au niveau du banc villageois.
About CAURIE Micro FinanceThe mission of CAURIE Micro Finance is to contribute sustainably and to offer microfinance services adapted to impoverished micro-entrepreneurs, primarily women, based on the principles of ‘credit for the poor’ and on microfinance best practices, all while investing in order to become financially independent.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid